China announced tariffs on over $2.6 billion worth of Canadian agricultural and food products on Saturday, retaliating against levies Ottawa introduced in October and opening a new front in a trade war largely driven by U.

Initially, his administration imposed a blanket 25 percent tariff on trade with Canada, excluding certain energy products, and 25 percent on Mexico. However, some of these were later suspended for one month. Trump also placed an additional 10 percent tariff on trade with China.

China on Tuesday announced retaliatory tariffs and export controls, as President Donald Trump's tariffs on goods from China, Canada and Mexico went into effect